INSTITUTO TECNOLÓGICO DE HERMOSILLO

Operations Management II

Joel Puebla

Industrial Engineering in English

Karime Montaño Islas

20331263

February 1st of 2023

Demand forecasting: The process of estimating and forecasting future customer
demand for a product or service through predictive analysis of historical data.

ABC analysis of inventories: The ABC analysis is an inventory categorization method

used as a basic prioritization mechanism to focus resources and effort on the items that
are most crucial to the company. This method is based on the empirical finding that a
small subset of products, or SKU, typically represents a significant portion of the
business.

The ABC analysis was used to cut down on the number of administrative tasks related
to inventory management.

Inventory systems: A system of inventory is a collection of standards and procedures

that businesses use to determine the precise number of products they have on hand.

production capacity: This term describes the most goods that a factory is permitted to
make during its manufacturing processes. In this method, a company recognizes the
necessity of raising output to accommodate an increase in client demand that is either
present (actual) or expected (future).

linear programming: Maximizing a function while adhering to linear restrictions on real-

world variables is the aim of linear programming. The model of a problem is stated in
linear programming as a set of numerical variables and linear restrictions, controlled by
a linear objective function, and subject to variable limits.

transportation and allocation: The goal of the transportation method, a special

instance of linear programming, is to identify the transportation plan that minimizes the
overall cost of transportation.

The allocation model allots resources to activities one-to-one, with the requirement that
the matching matrix be square. Therefore, each resource needs to be assigned to a
certain activity or allocation in a unique way.
production line balancing: Entails grouping activities or processes that adhere to the
chosen cycle time in order to maintain continuity along each production line, giving each
station or work center a consistent or balanced process time.
Bibliografía

Diezhandino, E. (2022, 4 julio). Importancia y beneficios de la predicción de demanda.

Keepler | Cloud Data Driven Partner. https://keepler.io/es/2022/07/importancia-y-
beneficios-de-la-prediccion-de-demanda/
Análisis ABC (Inventario). (s. f.-b). https://www.lokad.com/es/definicion-analisis-abc-
(inventario)
¿Qué es programación lineal? (s. f.). © Copyright IBM Corp. 2017.
https://www.ibm.com/docs/es/icos/12.8.0.0?topic=programming-what-is-linear
Universidad Privada Telesup. (2019, 21 marzo). Balanceo de Línea y Control de
Producción.
https://utelesup.edu.pe/blog-ingenieria-industrial-y-comercial/balanceo-de-linea-y-
control-de-produccion/